Amazon loses $1 trillion in market cap, looks towards cost-cutting strategies

VideoLounge
2022-11-11

Tech editor Dan Howley outlines Amazon's latest cost-cutting guidance, where it may be routing out sources of unprofitability, and looks at recent FTC warnings Twitter has received under Elon Musk's management.$Amazon.com(AMZN)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（306）

  • Top
  • Latest
  • luckyone
    ·2022-11-12
    seems good for price...
    Reply
    Report
    Fold Replies
    View more 1 comments
  • JonLucky
    ·2022-11-12
    learn from another's mistake to avoid repeating it
    Reply
    Report
  • Michelle Ong
    ·2022-11-12
    Like back thanks
    Reply
    Report
  • historyiong
    ·2022-11-12
    Already sold all AMZN, lucky for me
    Reply
    Report
  • meurasian77
    ·2022-11-12
    thanks for sharing
    Reply
    Report
  • DarrenA
    ·2022-11-13
    ride out the short term
    Reply
    Report
    Fold Replies
    • jijimo: 
      [Facepalm]
      2022-11-13
      Reply
      Report
  • Ah_Meng
    ·2022-11-13
    Amazon... opportunity abounds...
    Reply
    Report
    Fold Replies
  • LesterTan
    ·2022-11-13
    Amzn is investing for the future n creating a wide economic moat to kill the competition. It’s a buy
    Reply
    Report
    Fold Replies
    • Enenen: 
      G
      2022-11-14
      Reply
      Report
  • kimC
    ·2022-11-13
    it will come back stronger
    Reply
    Report
    Fold Replies
  • 嘛嘛财商FQ
    ·2022-11-12
    [财迷] [财迷] [财迷]
    Reply
    Report
  • tunu
    ·2022-11-12
    sorry,just a gentle note:Elon Musk not Smith.
    Reply
    Report
  • DesertFox88
    ·2022-11-12
    Great time to offload some in light of potential sell off market in a few months time...but intend to remain invested still for long term
    Reply
    Report
  • Zhaoxiang
    ·2022-11-12
    like pls
    Reply
    Report
  • ValuInvestor
    ·2022-11-12
    This week’s rally is overbought for $Amazon.com(AMZN)$. Still fundamentally weak
    Reply
    Report
  • ChernTiong
    ·2022-11-12
    thanks for sharing
    Reply
    Report
  • JonLucky
    ·2022-11-13
    paper value
    Reply
    Report
  • ChaiKC
    ·2022-11-13
    Tough for AMZN.
    Reply
    Report
  • blue sky
    ·2022-11-13
    没办法被卡住了只好当做长期投资了。 [捂脸]
    Reply
    Report
  • LZ17
    ·2022-11-12
    thanks for info
    Reply
    Report
  • skyel
    ·2022-11-12
    Massive layoff?
    Reply
    Report